Decentralized Finance is the toughest counterattack in history! Sui is waging a battle to protect assets worth 220 million, Hacker is crying in the dark web restroom!💥
Little Pooh was just eating duck necks and browsing Twitter when he was suddenly struck by an incredible operation on the Sui mainnet, causing his duck necks to fall! This event can be considered the annual grand show "The Cat Chases the Mice" in the world of Decentralized Finance, with vulnerabilities and explosions leading to full compensation, plot twists even more impressive than the finale of "Game of Thrones"! Be sure to follow the highlights with Little Pooh below👇 🔥 2.2 billion assets protection war full record 🔥 🕒 May 22 at 11:00 PM Cetus DEX suddenly discovered a "money ability" vulnerability, a hacker used 1 token to hack assets worth 2.23 billion dollars, with 60 million already transitioned to Ethereum. This operation drove the Decentralized Finance community crazy, on Twitter the topic #DeFi安全 instantly flooded the space💥 👑 May 24 royal combo hit Sui officially presented the "most severe" solution in history: ✅ Protocol update for unlocking: no transaction cancellations! 162 million frozen assets are directly returned to liquidity, user accounts are instantly "revived"🎮 ✅ Neutral compensation double insurance: Sui voluntarily waives the right to vote, Cetus signs a "life and death agreement" with a promise of full compensation, this step directly locks users' assets in the safe🔒 🤯 Hacker遭遇"链上软禁" SUI validators have collectively launched a "full chain lock", and 162 million of the hacker's assets have been frozen! Although the on-chain display still belongs to them, all transactions are ignored, and the stolen money is directly turned into scrap 🗑️ What is even more astonishing is the "white hat deal" by Cetus: return the assets within 48 hours and reward 6 million ETH, otherwise the world is on the hunt! This wave of "carrot and stick" has put hackers in a dilemma 🤯 💡 Decentralized Finance safe actions, like in the textbook This event revealed deep vulnerabilities in Decentralized Finance: the overflow check of the get_delta_a function from Cetus proved ineffective. But Sui's response deserves respect: 🔧 Technical innovations: Move language + collaboration of validators, implementation of "freeze without rollback," which protects the immutability of the chain and the security of users' wallets! 🤝 Management breakthrough: renunciation of official voting rights + enforced compensation, deep binding of community will + responsibility from the project, this innovation in governance made Ethereum developers exclaim "learned"📚 🌐 Ecological cooperation: the fund, validators, and security organizations seamlessly interact, demonstrating the ability of public chain ecosystems to self-eliminate! 🚀 Historical moment Currently, the voting system on the Sui chain is in countdown mode to deployment, the Cetus compensation reserve account is already open. This is the first case in Decentralized Finance where "zero user asset losses" has been implemented, directly rewriting safety standards in the industry! As the Sui developer said: "We cannot prevent hacker attacks, but we can ensure that users do not pay for vulnerabilities."💪 Little胖锐评: This event is not only a final test of Sui technology, but also a turning point for Decentralized Finance from "wild growth" to "safe maturity". When Hackers on the dark web go crazy with helplessness about how to convert stolen funds, tens of millions of users on the Sui chain witness history — this is how Web3 should be! #山寨行情即将到来吗
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Decentralized Finance is the toughest counterattack in history! Sui is waging a battle to protect assets worth 220 million, Hacker is crying in the dark web restroom!💥
Little Pooh was just eating duck necks and browsing Twitter when he was suddenly struck by an incredible operation on the Sui mainnet, causing his duck necks to fall! This event can be considered the annual grand show "The Cat Chases the Mice" in the world of Decentralized Finance, with vulnerabilities and explosions leading to full compensation, plot twists even more impressive than the finale of "Game of Thrones"! Be sure to follow the highlights with Little Pooh below👇
🔥 2.2 billion assets protection war full record 🔥
🕒 May 22 at 11:00 PM
Cetus DEX suddenly discovered a "money ability" vulnerability, a hacker used 1 token to hack assets worth 2.23 billion dollars, with 60 million already transitioned to Ethereum. This operation drove the Decentralized Finance community crazy, on Twitter the topic #DeFi安全 instantly flooded the space💥
👑 May 24 royal combo hit
Sui officially presented the "most severe" solution in history:
✅ Protocol update for unlocking: no transaction cancellations! 162 million frozen assets are directly returned to liquidity, user accounts are instantly "revived"🎮
✅ Neutral compensation double insurance: Sui voluntarily waives the right to vote, Cetus signs a "life and death agreement" with a promise of full compensation, this step directly locks users' assets in the safe🔒
🤯 Hacker遭遇"链上软禁"
SUI validators have collectively launched a "full chain lock", and 162 million of the hacker's assets have been frozen! Although the on-chain display still belongs to them, all transactions are ignored, and the stolen money is directly turned into scrap 🗑️ What is even more astonishing is the "white hat deal" by Cetus: return the assets within 48 hours and reward 6 million ETH, otherwise the world is on the hunt! This wave of "carrot and stick" has put hackers in a dilemma 🤯
💡 Decentralized Finance safe actions, like in the textbook
This event revealed deep vulnerabilities in Decentralized Finance: the overflow check of the get_delta_a function from Cetus proved ineffective. But Sui's response deserves respect:
🔧 Technical innovations: Move language + collaboration of validators, implementation of "freeze without rollback," which protects the immutability of the chain and the security of users' wallets!
🤝 Management breakthrough: renunciation of official voting rights + enforced compensation, deep binding of community will + responsibility from the project, this innovation in governance made Ethereum developers exclaim "learned"📚
🌐 Ecological cooperation: the fund, validators, and security organizations seamlessly interact, demonstrating the ability of public chain ecosystems to self-eliminate!
🚀 Historical moment
Currently, the voting system on the Sui chain is in countdown mode to deployment, the Cetus compensation reserve account is already open. This is the first case in Decentralized Finance where "zero user asset losses" has been implemented, directly rewriting safety standards in the industry! As the Sui developer said: "We cannot prevent hacker attacks, but we can ensure that users do not pay for vulnerabilities."💪
Little胖锐评:
This event is not only a final test of Sui technology, but also a turning point for Decentralized Finance from "wild growth" to "safe maturity". When Hackers on the dark web go crazy with helplessness about how to convert stolen funds, tens of millions of users on the Sui chain witness history — this is how Web3 should be! #山寨行情即将到来吗